Highway Funding Presents New Test Of Bipartisanship

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By John D. McKinnon WASHINGTON--Fresh off their victory on trade legislation, President Barack Obama and the Republican Congress in the coming weeks will face another test of their ability to work together on an issue important to business: highway funding. ...

China Shares Rise After Beijing's Weekend Rescue--3rd Update

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Gregor Stuart Hunter Chinese shares rose early Monday, after Beijing cranked up efforts over the weekend to stem a three-week selloff that has wiped out about $2.4 trillion in value. The Shanghai Composite is up 4% after gaining as ...

Shanghai Market Slide Is Still Far Short of 2008 Plunge

TODAY: July 6, 2015 PUB DATE: July 6, 2015

China's recent stock drop has been the toughest test for the country's investors in seven years, since the bottom fell out of a historic boom cycle for the market. Worries back then about rising Chinese inflation and interest rates stopped ...

Wage Measures Send Mixed Signals

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Jeffrey Sparshott The latest wage data were disappointing for American workers. But several other measures of earnings are sending much more upbeat signals, creating a confusing picture at a crucial moment for the U.S. economy. Determining the real trend ...

Oil Sinks on Greek Vote, Focus on Iranian Nuclear Deal

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Eric Yep Crude-oil futures slumped in Asian trade Monday in line with a fall in wider commodities markets after Greece voted to reject the terms of its current bailout agreement in a weekend referendum. After being stuck in a ...

German Manufacturing Orders Fell Less Than Expected in May

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Emese Bartha FRANKFURT-German manufacturing orders fell less than expected in May, while the upswing in April was stronger than previously estimated, possibly providing ground for cautious optimism in Europe's largest economy. Manufacturing orders fell by 0.2% in May on ...

Press Release: NMI(R) at 56%; June -2-

TODAY: July 6, 2015 PUB DATE: July 6, 2015

The 12 industries reporting growth of new orders in June -- listed in order -- are: Health Care & Social Assistance; Arts, Entertainment & Recreation; Public Administration; Accommodation & Food Services; Real Estate, Rental & Leasing; Management of Companies & ...

European Shares Fall After Greek Vote -- 2nd Update

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Josie Cox European stocks and the euro fell after Greeks rejected creditors' demands in Sunday's referendum. However, the losses weren't as steep as many investors and analysts had expected. Some are still reluctant to make major bets with so ...

Conditions Not Right for New Negotiations on Greek Bailout, Germany Says

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Andrea Thomas Germany sees no reason to immediately restart bailout negotiations after Greeks voted against their international creditors' conditions for further aid, Chancellor Angela Merkel's spokesman said Monday, though he left the door open to more talks. The Greeks' ...

CURRENCIES: Euro Falls As Greek Voters Reject Austerity Demands

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Joseph Adinolfi and Carla Mozee, MarketWatch The euro fell against its main rivals Monday, but trimmed initial losses scored after Greek voters rejected conditions for a new bailout previously proposed by the country's international creditors in a referendum that ...

European Shares Tumble After Greek Vote -- Update

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Josie Cox European shares and the euro fell Monday, a day after Greeks overwhelmingly voted against their international creditors' conditions for further bailout aid. The bloc's single currency fell as low as $1.0952 during Asian trading hours Monday, before ...

China Overseas Land to Spinoff Property Unit in Hong Kong

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Joanne Chiu China Overseas Land & Investment Ltd. (0688.HK) plans to spin off its property unit in a separate listing on the Hong Kong stock exchange. The blue-chip Chinese developer said Monday it has submitted an application to the ...

U.S. Stocks Nearly Flat as Investors Shrug Off Greek News

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Corrie Driebusch U.S. stocks traded around the flat line Monday as investors largely brushed off news that Greek citizens resoundingly rejected creditors' conditions for further financial aid. The Dow Jones Industrial Average fell 23 points, or 0.1%, to 17707 ...

Germany Stays Tough on Debt Relief for Greece

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Andrea Thomas in Berlin and Nektaria Stamouli in Athens Germany stood firm against debt relief for Greece the day after the country's voters issued a resounding "no" to more austerity, signaling a possible tough fight ahead on one of ...

European Shares Fall After Greek Vote -- 5th Update

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Tommy Stubbington and Josie Cox Stocks and bonds in Europe fell on Monday after Greece's voters set the country on a collision course with the rest of the eurozone, but it wasn't the heavy selloff predicted by many investors. ...

U.S. Corn, Soybeans Lower On Better Weather; Stronger Dollar

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Jesse Newman CHICAGO--U.S. grain and soybeans futures slid Monday amid a stronger U.S. dollar and improving weather conditions worldwide. Soybeans prices led the declines as forecasts for drier weather in July promised a reprieve for saturated Midwestern fields, with ...

Greek Debt Crisis Threatens Flow of Imports

TODAY: July 6, 2015 PUB DATE: July 6, 2015

By Juliet Samuel in London And Monica Houston-Waesch in Frankfurt Greek voters' decisive rejection of international creditors' bailout terms adds to the pressure on foreign exporters already worried about getting paid for imports into Greece during the country's capital controls. ...